- Midstream companies tend to be fairly good ways to generate an income, although the sector has gotten demolished over the past year due to the pandemic.
- SMM is fairly well diversified, including both traditional midstream and clean energy companies.
- The future of both midstream and clean energy appears quite bright as the need for both types of company will likely increase over the next two decades.
- The fund's distribution appears reasonable based on its performance, although it appears to have a greater amount of ROC than claimed.
- The fund is trading at a massive discount, which could be due to the fact that it has a history of steady distribution decreases.
For further details see:
SMM: An Interesting Midstream Fund, But Distribution History Is Concerning